Basane

USDJPY

Long
Basane Mis à jour   
FX:GBPJPY   Livre sterling / Yen japonais

We have had a breakout of the downward trend on the weekly.

Price then proceeded to retest the breakout and headed up for a double top

Ideas entry for a short would have been at 146.982 with SL at 147.250 with TP at 145.785(4.75 RR) and TP 2 at 145.200(1:7 RR)


We may have missed that entry but we can look for buys if bounces of demand zones at 145.785. We will then look for the below setup:
Buy limit at 145.785 with TP1 @ 146.725 and SL @ 145.522 (1:4.5RR) TP@ 146.878


If demand does not hold we will look at another but entry at 145.015 with SL @ 144.740 and TP 146.878
Commentaire:
DEMAND ZONE HELD, HOPE YOU GOT YOUR BUYS IN.
Commentaire:
DONE AND DUSTED

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.